Topic: Have a $ 500 fund you want to make a profit - page 4. (Read 2221 times)
For starting you need to focus on buying stable coins rather then buying a new one token at the market.. You might will losing all your money in buying new token cause the risk is far greater then the one that famous coins like bitcoin. if im i will invest on something that top 10 on coinmarketcap first.
If you have little experience in trading will suggest to only trade in Bitcoin, Ethereum, BNB, XRP, and other top 10 altcoins as per coinmarketcap ranking, never try to buy the cheap coin you can lose all your money.
experience is important here, someone who still has a little experience will be better to learn how to invest in the highest altcoin and also bitcoin and if you want to try for a new altcoin then it must be a small amount.I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
Invest in a volatile market like bitcoin the market price easily go up and down in justs a small time you could earn a good profit even not a long term investment.You could also try investing in popular altcoins and pick a low price token you that you could buy a high volume of that token if you did it could easily be a high profit with just a small pump in the market price because of the high volume buy that you did. Other than that I think passive income is the best investment other than trading cryptocurrency just in my opinion maybe like a small business.
If you have little experience in trading will suggest to only trade in Bitcoin, Ethereum, BNB, XRP, and other top 10 altcoins as per coinmarketcap ranking, never try to buy the cheap coin you can lose all your money.
experience is important here, someone who still has a little experience will be better to learn how to invest in the highest altcoin and also bitcoin and if you want to try for a new altcoin then it must be a small amount. 
If you have little experience in trading will suggest to only trade in Bitcoin, Ethereum, BNB, XRP, and other top 10 altcoins as per coinmarketcap ranking, never try to buy the cheap coin you can lose all your money.
There is no limit for starting trading but Buying Cheap coins or expensive coins doesnt make any difference . Cheap coins means there should be larger supply . Expensive might be less . You have to consider token or coins purpose . upcoming events or any major changes , Platform release or any major announcement will Increase the value of any token or coins .
You may start trading with the 500$, this is a good amount of money to make it 700-800$ easily! But if you can't take the loose risk, then invest in such coins where you can get a good number of token! Like if you buy ETH, then you will only have less than 3 Ethereum, but if you buy XRP, EOS or even TRON, then you will have many coins! So, invest in low priced coins that will be better.
But before doing that you need to research and understand all the potentials of those coins that you will going to invest, because even you only have 3 ETH but once the value of eth rise up since the value is really low from the last time high, it's worthed to have it instead of low value coins that continuously falling. Do your research and observe things according to how you get the benefits. In my opinion, this amount is a little less to invest. You can think outside the box and increase your capital. Are you a novice but have learned a lot about cryptocurrencies?
That amount of money is more than enough to start your journey as a trader, maybe you live in a developed country and that doesn't seem like a lot of money to you but there are many countries in which that amount represents several months of work, so if he could begin to get consistent profits in the markets it will not be difficult to multiply that money to the point that you will have thousands of dollars which can represent savings for several years. You may start trading with the 500$, this is a good amount of money to make it 700-800$ easily! But if you can't take the loose risk, then invest in such coins where you can get a good number of token! Like if you buy ETH, then you will only have less than 3 Ethereum, but if you buy XRP, EOS or even TRON, then you will have many coins! So, invest in low priced coins that will be better.
You can't speculate as easily as that, because there will be problems when it is actually run. the most important thing in investing is the ability of investors, so as long as investors have great abilities, the benefits can follow I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
I think you can buy ether for your 500$ ether now is good coins that where you can invest your money. But if you want a daily trading you can trade but choose what coins you can trade that gives you a good profits everyday. Yes you need to buy cheap coins but surely choose a good and have potential coins to get a profits. And if you are in trading you need also patience don't panic once the coins you buy are going down.
You may start trading with the 500$, this is a good amount of money to make it 700-800$ easily! But if you can't take the loose risk, then invest in such coins where you can get a good number of token! Like if you buy ETH, then you will only have less than 3 Ethereum, but if you buy XRP, EOS or even TRON, then you will have many coins! So, invest in low priced coins that will be better.
I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
With more than 10$ in the account you can invest in, the trend is decreasing now, so this is a good time for you to choose the purchase point, and in the next month it will be a rise of coin in the top 100 coinmarketcap. You should choose coin in the top 50, it' s good for you.
$ 500 is more than enough for newbie. at the first time, you shouldnt think about how much profit you will get, but knowledge
learn more, do more, make more mistake, those make you better to be professional trader
last but not least, never give up until you would be good trader.
with that much capital, new traders must be able to learn how to trade properly and correctly because if they do not learn it will not know how to buy and sell coins at the right time, to learn to use trading capital of $100 and the rest is used when it is correct really understand trading.learn more, do more, make more mistake, those make you better to be professional trader
last but not least, never give up until you would be good trader.
between those who are patient and those who are thinking that it's an easy journey to become rich. Enhance your skills to have a higher chance to
maximize your possible profits from this market.
I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
Hello, with 500$ you can invest. I recommend that you select the prestigious exchange, as i have suggested: Binance, Gate, Huobi,... And with 500$ you need to study coin, you choose to avoid losses. And the value of the coin you choose is as low as possible. Because the lower it is, you' ll buy more coin, and when the price increases you' ll get more profit. This is my personal opinion.
$ 500 is more than enough for newbie. at the first time, you shouldnt think about how much profit you will get, but knowledge
learn more, do more, make more mistake, those make you better to be professional trader
last but not least, never give up until you would be good trader.
with that much capital, new traders must be able to learn how to trade properly and correctly because if they do not learn it will not know how to buy and sell coins at the right time, to learn to use trading capital of $100 and the rest is used when it is correct really understand trading. learn more, do more, make more mistake, those make you better to be professional trader
last but not least, never give up until you would be good trader.
there are several potential altcoins that you can invest your money there. some of which are xlm, xem, neo, etherum, and also dogecoin. have $ 500 by dividing it into 5 assets with $ 100 each, or you dare to invest heavily into 1 coin and expect 100% profit on 1 coin. for example $ 500 to invest in xlm.
but if we are beginners in the world of crypto, I think don't leave investing in bitcoin, because this coin is a signal for other altcoins in determining movement. besides that investing in bitcoin will be safer compared to other altcoins. and we can partly invest capital in the altcoin you mentioned, because all of them are potential altcoinsI have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
In my opinion, in investing we don't need to look at prices because the most important thing is the project. There are lots of coins and tokens that cost under $ 0.01 but do not have a good development in building a product that does not even have liquidity and is not actively traded on exchangers.
there are several potential altcoins that you can invest your money there. some of which are xlm, xem, neo, etherum, and also dogecoin. have $ 500 by dividing it into 5 assets with $ 100 each, or you dare to invest heavily into 1 coin and expect 100% profit on 1 coin. for example $ 500 to invest in xlm.
I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
That's enough for both trading and investment; actually it's too much for the start because understanding how it works doesn't demand that much but it's up to you. For buying coins, a lot of factors are needed to be considered thus the tendency of loss could be lessen or avoided if possible which in this market doesn't exist because everybody suffer and benefit from the bullish and bearish market (even the whales that that they are calling). For the simplest factor, determine the background of its price chart. Don't consider a chart that always go down from its start wherein it doesn't benefit even in time of bullish market; that's probably a dead/shit coin. I have $ 500 or more, is that enough to invest or trade daily ?? Do I need to buy cheap coins or expensive coins? I want your opinion for me as a newbie.
For me or newbies 500 USD is high money to start daily trading. You could lose your money, if you make trade as newbie. Some new coin has good future like Harmony, INSCOIN or Credits. Don't invest your all money in one coin even same for daily trading. Jump to: